Journeys to the airport have become a complicated undertaking for many Gulf travelers, often involving crossing into a neighboring country where airspace remains open. In the interests of keeping planes running and revenues coming in, some airlines are moving over the border too. Kuwait’s Jazeera Airways has started operating from ...
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Iran war exposes risks to the AI boomIran war exposes risks to the AI boom
The war in Iran could soon disrupt the AI supply chain, upending the prospects for East Asian firms that drive chip manufacturing but which rely on the Middle East for energy imports. Two major South Korean companies dominate memory chip production, while Taiwan’s TSMC makes 90% of advanced semiconductors; both ...
Gulf islands may become central to Iran warGulf islands may become central to Iran war
Thousands of US marines are being deployed to the Middle East. While their mission hasn’t been disclosed, their ability to launch quick, small-scale operations is raising the profile of Gulf islands that could become central to the war in the weeks ahead. Kharg, hundreds of kilometers north of the Strait ...
Attack on Ras Laffan LNG facility in Qatar jolts gas marketsAttack on Ras Laffan LNG facility in Qatar jolts gas markets
The Iranian strike that destroyed liquefied natural gas facilities in Ras Laffan, Qatar, last week has set off ripples that will affect the global economy until the end of the decade. The attack knocked out two LNG trains and a gas-to-liquids unit, cutting about 12.8 million tons a year of ...
Lebanon accuses Israel of planning invasionLebanon accuses Israel of planning invasion
Israel attacked a key Lebanese bridge over the weekend as Israeli authorities approved an expansion of attacks, in what Lebanon’s president called a “prelude to ground invasion.” Israeli forces have been hitting crossings over the Litani River and homes close to the border since a ground assault targeting Hezbollah began ...
China battery firms boosted by oil market instabilityChina battery firms boosted by oil market instability
The market capitalization of China’s top battery manufacturers has soared by $70 billion since the start of the Iran war, as investors predict the conflict will boost clean energy growth. BYD, CATL, and Sungrow have all outperformed global oil majors since the conflict began, the Financial Times noted; batteries are ...
Pentagon reportedly adopts Palantir as main AI systemPentagon reportedly adopts Palantir as main AI system
The Pentagon will reportedly adopt Palantir as its main AI system after a fallout with Anthropic. The firm’s Maven model is already deeply embedded in US defense: It gathers battlefield data and identifies targets. The new move designates it the “program of record,” which streamlines its adoption across the military, ...
Grid fight in Puerto Rico snarls US military base upgradesGrid fight in Puerto Rico snarls US military base upgrades
The Scoop US President Donald Trump’s security strategy for the Western hemisphere — which has already seen him unseat Venezuela’s leader and threaten to overthrow Cuba’s regime — is tangled up in a legal battle over Puerto Rico’s electricity grid. At least eleven projects aimed at improving power reliability for ...
Vox Media tried to sell its podcasts, and itselfVox Media tried to sell its podcasts, and itself
The News Last year, bankers for Vox Media approached media companies and investors with a series of offers. According to three people familiar with the conversations, potential buyers could take over Vox’s podcast business, a growing network of more than 30 shows hosted by personalities like Kara Swisher, Scott Galloway, ...
US lifts sanctions on Iranian oil at seaUS lifts sanctions on Iranian oil at sea
The US temporarily waived sanctions on Iranian oil that’s already at sea, boosting the war economy of the nation Washington is waging war against. The move marks an effort to relieve pressure on global energy markets, as the conflict spurs major supply disruptions and sends prices soaring. White House officials ...